Economy
Sydney, Australia, Jul 10 (EFE).- New Zealand and the European Union have signed a free trade agreement that removes tariffs on up to 91 percent of New Zealand’s products in Europe, while granting protection to traditional EU products with Geographical Indications (GI) in New Zealand, such as the Rioja wine...
By Indira Guerrero New Delhi, Jul 8 (EFE).- Spanish state-owned shipbuilding firm Navantia has bid for the construction of six conventional high-tech submarines for the Indian Navy’s Project-75, an ambitious plan that has been on hold for years. Germany’s ThyssenKrupp Marine Systems (TKMS) and Navantia are two of the contenders...
Buenos Aires, Jul 7 (EFE).- The Argentine capital had the appearance of a ghost town Friday amid a work stoppage by members of the UTA bus drivers union. The selective 24-hour job action, which began at midnight Thursday, targeted only transit companies that failed to comply with an accord increasing...
By Natalia Kidd and Carlos Meneses Puerto Iguazu, Argentina, Jul 6 (EFE).- The darkness of night, the thunderous crashing of water, the mysterious sounds of the jungle. Iguazu Falls, which mark a natural border between Argentina and Brazil, offer a unique sensory experience for those who seize the opportunity to...
By Meritxell Freixas Santiago, Jul 6 (EFE).- President Gabriel Boric’s decision to nationalize Chile’s lithium industry could undermine the dominant position of SQM, a firm born during the 1973-1990 Pinochet dictatorship that has been at the center of scandals involving insider trading and illegal campaign contributions. Though the conglomerate remains...
Seoul, July 5 (EFE).- South Korea announced Wednesday that it has found the wreckage of the North Korean spy satellite that crashed into the Yellow Sea on May 31 and concluded it «has no military utility.” For 36 days, military deep sea divers conducted search and recovery operations for the...
Tokyo, July 4 (EFE).- The Japanese government on Tuesday was analyzing China’s decision to control exports of gallium and germanium, key metals for the electronics industry, and has not ruled out countermeasures. On Monday night, Beijing announced exporters would require a license from the commerce ministry to export these rare...
Colombo, June 29 (EFE).- The World Bank announced $700 million in financing for crisis-stricken Sri Lanka on Thursday. The aid comes after the International Monetary Fund approved in March $3 billion in funding after defaulting on its foreign debt last year as the nation grappled with its worst financial crisis...
Islamabad, June 25 (EFE).- Pakistan’s parliament gave nod to changes to the budget for the next fiscal year on Sunday, imposing new taxes and making further cuts in government spending in a last-ditch effort to secure a critical funding from the International Monetary Fund (IMF) to avoid a possible default....
Sydney, Australia, June 22 (EFE).- Australia has given Twitter 28 days to explain how it is tackling «toxicity and hatred» on the platform, amid a rise in such messages, especially by neo-Nazis and against the LGBT+ community, and Indigenous people. In a statement on Thursday, the eSafety Commission said that...
Madrid, Jun 21 (EFE).- Spain’s Reina Sofía (Queen Sofia) School of Music and the Qatar Foundation have joined forces to bring cross-cultural opportunities to budding musicians, the foundation announced on Wednesday. The new project will explore and reinforce connections between Arab, Islamic and Spanish cultures and will be cemented by...
Beijing, June 16 (EFE).- Chinese President Xi Jinping on Friday met Bill Gates, the co-chairman of the Bill and Melinda Gates Foundation, to discuss strengthening cooperation in scientific innovation, global development and public health. During the meeting in Beijing, Xi hailed Gates and his foundation’s long-term commitment to global poverty...
